Snowflake Inc [SNOW] stock is trading at $165.71, up 1.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The SNOW shares have gain 4.33% over the last week, with a monthly amount drifted -2.52%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Snowflake Inc [NYSE: SNOW] stock has seen the most recent analyst activity on January 10, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $190 for it. Previously, Wells Fargo upgraded its rating to Overweight on January 07, 2025, and elevated its price target to $200. On November 25, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $190 on the stock. Monness Crespi & Hardt reiterated its Buy rating and increased its price target to $188 on November 21, 2024. Monness Crespi & Hardt upgraded its rating to a Buy but $140 remained the price target by the analyst firm on November 06, 2024. Cleveland Research downgraded its rating to Neutral for this stock on October 22, 2024. In a note dated October 01, 2024, Argus initiated an Hold rating.
Snowflake Inc [SNOW] stock has fluctuated between $107.13 and $237.72 over the past year. Currently, Wall Street analysts expect the stock to reach $164.58 within the next 12 months. Snowflake Inc [NYSE: SNOW] shares were valued at $165.71 at the most recent close of the market. An investor can expect a potential drop of -0.68% based on the average SNOW price forecast.
Analyzing the SNOW fundamentals
Snowflake Inc [NYSE:SNOW] reported sales of 3.41B for the trailing twelve months, which represents a growth of 28.32%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.27 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 164.06 points at the first support level, and at 162.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 168.89, and for the 2nd resistance point, it is at 172.07.
Ratios To Look Out For
For context, Snowflake Inc’s Current Ratio is 1.85. On the other hand, the Quick Ratio is 1.85, and the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 16.02, the price to book ratio is 18.67.
Transactions by insiders
Recent insider trading involved Dageville Benoit, President of Products, that happened on Jan 10 ’25 when 6250.0 shares were sold. Officer, Dageville Benoit completed a deal on Jan 10 ’25 to buy 6250.0 shares. Meanwhile, EVP, Product Management Kleinerman Christian sold 15000.0 shares on Jan 06 ’25.
